Strive raises funds via SATA preferred shares to buy over 400 BTC
- —SATA issuance funds the purchase of more than 400 BTC
- —6,106 BTC bought at an average of $80,375 between Aug. 24 and Sept. 25
- —Total holdings of 27,462 BTC rank fifth among public companies
Why it matters: Strive keeps expanding its bitcoin treasury through preferred stock, intensifying competition among DAT companies for capital.
Source: Bloomingbit